Ford Motor is returning to the Indian market about three years after discontinuing its operations in the country. The US automaker plans to build cars in its existing factory in Chennai to specifically cater to the export market, bolstering India’s standing as an emerging global hub for automotive manufacturing. On Friday, the Dearborn, US-based automaker … Read more
It’s been over a year since Tesla CEO Elon Musk agreed to open up the company’s Supercharger network to vehicles from other automakers. At the time, it was looked at as a great move for the auto industry and, in theory, it still is. However, more than 12 months later, Tesla’s network (with nearly 30,000 … Read more
Image: Tasos Katopodis (Getty Images) Former United States President Donald J. Trump, currently facing 34 felony counts in criminal court, is campaigning for re-election this fall by taking shots at the increasingly popular electric car industry. Trump has already called for oil and gas industry executives to donate significant campaign funds in exchange for a … Read more
DETROIT: Ford Motor shares jumped on Tuesday after the automaker said it will return more cash to shareholders, starting with an extra 18 cents-per-share dividend in the first quarter, joining General Motors in giving investors more of the cash spinning from North American combustion trucks. Ford forecast $10 billion to $12 billion in pretax profit … Read more
Ford Motor-backed Zoomcar on Thursday announced the appointment of former Flipkart and Hindustan Lever senior executive Adarsh Menon as its president. This follows the car-sharing marketplace’s recent listing on the Nasdaq stock exchange in the US. In his new role, Menon will be responsible for growth, operations, and customer experience at Zoomcar. Menon, who has … Read more
Happy Tuesday! It’s January 2, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Rivian Recalls Nearly Every Car It Has Built 1st Gear: EVs In The U.S. Just Got More … Read more
Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Sales Are Good, But Likely Will … Read more
I’m not sure if they torture kids like this still, but the worst four-week period of my 6th grade life was our unit on square dancing in gym class. And wouldn’t you know it? One of the worst experiences of my academic life — and possibly yours as well — can be blamed on Henry … Read more
Ford Motor Co. unexpectedly abandoned plans to sell its Tamil Nadu plant, its sole remaining factory site in the country, after finalising a deal with the Sajjan Jindal-led JSW Group recently, said people with knowledge of the matter. The decision fuelled speculation that the US company may be considering a re-entry into the world’s third … Read more
Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Nevada Tesla Factory Workers Get Pay Raise Tesla … Read more
